Courtesy of Nick Baer

Chilliwack and District Real Estate Board MLS ® home sales post surprise rebound in June

$419,900 apartment

$932,900 detached

UP 0.3% year-to-year

UP 2.6% year-to-year

$633,000 townhouse DOWN 1.5% year-to-year

462 NEW LISTINGS 254 SOLD LISTINGS

BENCHMARK PRICES

5.4 MONTHS OF INVENTORY

55.0% SALES TO NEW LISTING RATIO

1,372 ACTIVE LISTINGS (residential inventory)

Chilliwack, July 2025 - The number of homes sold through the MLS ® System of the Chilliwack and District Real Estate Board totaled 254 units in June 2025. This was a small gain of 2.4% (six sales) from June 2024. “Although home sales were only just above levels from the same month last year, June marked a departure from the declining monthly trend that began in early 2025. Right now, it’s too early to tell if this is the beginning of momentum that will get us back on track to more solid activity or just a one-off,” said Emily Vernon, President of the Chilliwack and District Real Estate Board. “New supply is still declining as sellers are pulling back from the recent peak activity at the beginning of the year, which should hopefully allow the market to move away from buyer’s territory and back to the lower end of a more balanced position.”

The overall MLS ® HPI composite benchmark price was $759,500 in June 2025, increasing by 1.2% compared to June 2024. The benchmark price for single-family homes was $932,900, a modest gain of 2.6% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $633,000, down modestly by 1.5% compared to a year earlier, while the benchmark apartment price was $419,900, essentially unchanged, up just 0.3% from year-ago levels. There were 462 new residential listings in June 2025. Active residential listings numbered 1,372 units on the market at the end of June. Months of inventory numbered 5.4 at the end of June 2025. Statistics reflect market activity in June 2025 | Source: Chilliwack and District Real Estate Board | Market values stated are of the benchmark of Chilliwack and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

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